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15-101/VI - Liquidity Creation without Banks


  • Author
    Simas Kucinskas, VU University Amsterdam, the Netherlands
  • Publication date
    August 20, 2015
  • Keywords
    Liquidity creation, liquidity insurance, hidden trades, bank runs, mutual funds, narrow banking, financial stability
  • JEL
    D91, E61, G21, G23, G28